NZB Finance

Expand your bloodstock investment horizons with NZB Finance

Our lease to purchase facility and pinhook funding can help you finance a range of thoroughbred and standardbred purchases.

Lease to Purchase Facility

New Zealand Breeders can secure top quality fillies, broodmares or stallions in a tax effective manner with the assistance of NZB Finance. Provided the horse meets New Zealand Bloodstock's general criteria of 'enhancing the thoroughbred stock of New Zealand' NZB Finance will purchase the horse on your behalf (you become the lessee) and lease it back to you.

With an administration fee of NZ$200, 25% deposit and term of 36 months for fillies and mares (can be varied slightly but must not exceed 36 months) and 24 months for stallions, you can secure the horse you are after.

The interest rate will be fixed for the term of the lease with payments monthly in advance or tailored to suit the prospective lessee's cash flow i.e. annually in advance or arrears. The residual is 25% of the original cost for fillies and mares and 10% for stallions (fixed percentage cannot vary). The guarantee conditions are; Partnership — all partners joint and several or Company — all directors joint and several.

During the term of the lease the bloodstock is owned by the lessor (NZB Finance & Leasing Ltd) and leased to the lessee. The leased bloodstock must be insured through the insurance division of New Zealand Bloodstock during the term of the lease. 

Should the filly or mare race or breed during the term of the lease all stakes earned and all progeny born belong to the lessee. The lessee is responsible for all costs relating to the bloodstock during the term of the lease.

On payment of the residual, ownership is transferred to the lessee, the bloodstock becomes an asset of the lessee at the residual value and the lessee/owner can claim depreciation at the normal rate.

Speak to the NZB Finance team today about how you can set yourself up with a commercial breeding prospect for the future.

Pinhook Funding

NZB Finance can help you secure a great pinhooking opportunity. Contact the team to get your purchase underway.

In order to purchase a horse, a formal application is required along with the appropriate credit references for approval. The application will need to be approved and the credit limit agreed in principal prior to purchasing bloodstock.

For an administration fee of NZ$200 and deposit of 25% of the cost of the bloodstock purchased you can be underway. You will need to complete and sign the Current Advance Contract and agree to a term, the interest rate will be floating and invoiced monthly.

The horse that you pinhook must be entered and catalogued in a scheduled New Zealand Bloodstock Sale and repayment can then be made from the proceeds of the sale of that horse through New Zealand Bloodstock but in any event no later than the agreed date.

The horse must be insured through the insurance division of New Zealand Bloodstock during the term of the advance with the insurance premium to be paid within 30 days.

Bloodstock purchased in Australia must be flown to NZ with NZB Airfreight. With regards to horses being imported from Australia, GST of 15% is payable up front, and is excluded from this finance package.

The guarantee conditions are: Partnership — all partners joint and several or Company — all directors joint and several.